EurekaFacts Supports Small Business Week

National Small Business Week is May 5-11, 2019. More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year.

As part of National Small Business Week, the U.S. Small Business Administration highlights the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. Every day, SBA works to grow small businesses, create 21st century jobs, drive innovation, and increase America’s global competitiveness.

As a small business, EurekaFacts, a full-service market and social research firm, has conducted Latino entrepreneurship, women entrepreneurship, and hopsitality industry research on behalf of non-profits, associations, and governments that support small businesess.

Women Entrepreneurs Research
EurekaFacts, supporting the Small Business Administration and prime contractor Washington CORE, analyzed the role of incubators and accelerators in promoting the launch of women-owned businesses. One vital contribution of incubators and accelerators is their ability to help new businesses gain access to capital. The study followed a theoretical model developed for The Diana Project, with support from the Kauffman Center for Entrepreneurial Leadership, the Small Business Administration, and the National Women’s Business Council, in order to understand how women entrepreneurs access venture capital.

The project lead, Washington CORE, employed a multi-methodological approach involving both quantitative and qualitative components to investigate this topic. The primary EurekaFacts task was to conduct a cross-sectional, quantitative survey exploring the interaction between female entrepreneurs and business incubators and accelerators.

Latino Entrepreneurs Research
The Latino Business Action Network (LBAN) supports small businesses through its programs to scale Latino entrepreneurial firms and to research the state of Latino entrepreneurship in the US. EurekaFacts participated in the development of a respondent panel for the 2018 LBAN survey. EurekaFacts CEO Jorge Restrepo is an alumnus of the Stanford Latino Entrepreneurship Initiative Education – Scaling Program that LBAN conducts in partnership with the Stanford Graduate School of Business.

Small Business Hospitality Industry Research
The J-1 Visa Summer Work Travel (SWT) Program supports small businesses. Research analysis, conducted by EurekaFacts on behalf of the Alliance for International Exchange, suggests that SWT participants supplement the existing American workforce rather than competing for existing jobs with local workers. Key findings also show that there is no statistical relationship between the number of SWT participants and U.S. youth unemployment rates. Read the full SWT Program report.

 

About EurekaFacts
EurekaFacts is a full-service market and social research firm in the Washington, D.C. area. We help leaders understand and shape successful programs, communications, and brands through data collection and advanced analytics. Since 2003, we have collaborated with government agencies, nonprofit organizations, and corporations to answer their research questions and business objectives. EurekaFacts is ISO 20252 certified, the highest quality standard in market and social research.

 

About U.S. Small Business Administration
The U.S. Small Business Administration helps Americans start, build, and grow businesses. The SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.